Has your debt increased lately? Are you exhausted from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80% of your debts so that you can finally take a few things off of your shoulders.
For some, these claims are just too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company American Muslims For Hunger Relief Tax Id
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer other services that can aid you in becoming more financially stable.
The process begins with requesting a free savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll discover more about alternatives towards debt-free.
The savings estimate, which was mentioned before, gives you an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement plan, CuraDebt is the one to answer all of the calls from your creditors. They will also be the ones who will negotiate the terms of your payment based on the status of your finances. Depending on which works best for you, it could either be a lump sum settlement or the option of a payment plan.
Additionally they will also be working with the creditors so that you can get better rates when you deposit money to your savings account. This is then processed to pay off creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for all kinds of debt. They can help with medical bills, personal loans credit cards, and lines of credit. You can also approach them to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive support for most claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can have questions answered during a free consult with their debt advisor.
The greatest benefit of their plan is that you’ll only pay the fees when your debt is paid off. All you have to sign up to some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to solve different types of taxes such as garnishments on wages as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
They offer different options in paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off taxes that are due without any issues. Furthermore, this service is accessible to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students with negotiating any loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. Only pay when you settle each of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will depend on your situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition, they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done with the debt settlement program you can enroll in their credit restoration program.
It’s an excellent option to rebuild your credit without going into debt again. The program is however designed different for every person according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any violations by creditors with the assistance of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. If you’re trying to increase your standing on credit scores, you may cause you to delay getting rid of your obligations.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access but it’s aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more for these types of services. Moreover their 20% service fee is cheaper than most businesses that charge the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your progression.
But, they do have a good support team and can be reached them, not only via emails but also by phone or submitting an e-ticket. American Muslims For Hunger Relief Tax Id
If the credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ American Muslims For Hunger Relief Tax Id
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down the amount of debt you have over time.